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Jobs data strengthens case for rate cuts

Reuters on MSN · 10h

Jobs data triggered Trump, but Fed officials saw it not as rigged, but as reason to cut

The data that caused President Donald Trump to fire the head of the Bureau of Labor Statistics because he did not like the July employment report, calling it "rigged," is being taken as serious evidence by Federal Reserve officials of a slowing economy and as a justification for the interest rate cuts Trump wants.

The Dallas Morning News · 1d

Fed should make three rate cuts based on weak jobs data, key leader says

A top official at the Federal Reserve said Saturday that this month’s stunning, weaker-than-expected report on the U.S. job market is strengthening her

The Hill on MSN · 1d

Top Federal Reserve official: Jobs data strengthens case for rate cuts

The Federal Reserve should move to cut interest rates, board of governors member Michelle Bowman said Saturday, citing dramatic negative revisions to the monthly jobs report released at the

BLS, monthly jobs and U.S. commissioner

Talking Points Memo · 21m

BLS Commissioner Nominee’s Suggestion to Suspend Monthly Jobs Report Is ‘Like Gouging Our Eyes Out’

William Beach, the former Trump-appointed BLS commissioner, expressed skepticism that Antoni or any BLS commissioner would actually cease the collection and publication of monthly jobs data, in an interview with TPM. The report is mandated by federal law, and suspending its publication would require an executive order.

UPI on MSN · 3h

BLS nominee E.J. Antoni suggests suspending monthly jobs reports

Bureau of Labor Statistics commissioner nominee E.J. Antoni has suggested suspending monthly jobs reports in favor of more accurate quarterly reports.

USA TODAY on MSN · 3h

Trump's BLS commissioner pick suggests suspending monthly jobs reports

E.J. Antoni, Trump's pick as commissioner of Labor Statistics, recently endorsed halting monthly jobs reports until the methodology is changed.

9hon MSN

Fed’s Barkin Says Balance Between Jobs, Inflation Risks Unclear

Federal Reserve Bank of Richmond President Tom Barkin said uncertainty over the direction of the US economy is decreasing, ...

4don MSN

Fed's Musalem: There are risks now to both the inflation and jobs goals

The Federal Reserve now faces risks to both its inflation and jobs goals, with policymakers needing to balance which seems ...

6don MSN

Fed official says last week's jobs revisions could signal an economic turning point

Federal Reserve Governor Lisa Cook said the significant downward revisions to the monthly jobs numbers could point to an ...

6d

Fed's Daly: Fed will likely need to lower rates in coming months as job market has slowed

San Francisco Federal Reserve president Mary Daly said Wednesday that the Federal Reserve will likely need to lower rates in ...

6don MSN

Fed's Cook says tepid July jobs data merits concern

Federal Reserve Governor Lisa Cook said on Wednesday that July hiring data released last Friday was “concerning” in the ...

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